171 Views

Welltok scores $37 mln Series D

Denver-based health optimization firm Welltok has closed its Series D funding round at $37 million. Bessemer Venture Partners led the round with participation from other investors that included Hearst Health Ventures, Catholic Health Initiatives, Emergence Capital Partners, InterWest Partners, New Enterprise Associates and Qualcomm Ventures.

114 Views

NEA leads Series A round for Vtesse

Gaithersburg, Maryland-based Vtesse, a drug developer for Niemann-Pick Disease Type C, has received $25 million in Series A funding. New Enterprise Associates led the round with participation from Pfizer Venture Investments, Lundbeckfond Ventures, Bay City Capital and Alexandria Venture Investments.

109 Views

Surface Oncology attracts $35 mln Series A

Surface Oncology has secured $35 million in Series A funding. Atlas Venture, Fidelity Biosciences, Lilly Ventures and New Enterprise Associates led the round with participation from other investors that included Amgen Ventures and Novartis Institute for Biomedical Research. In addition to the funding, Dr. Elliott Sigal, former head of R&D at Bristol Myers Squibb, has been added to the company’s scientific advisory board. Based in Cambridge, Mass., Surface Oncology is a developer of next-generation cancer immunotherapies.

112 Views

GraphLab changes name to Dato, picks up $18.5 mln Series B

GraphLab has secured $18.5 million in Series B funding. Vulcan Capital led the round with participation from Opus Capital and return backers New Enterprise Associates and Madrona Venture Group. Also, GraphLab has changed its name to Dato. Based in Seattle, Dato is a platform for building predictive and intelligent applications.

131 Views

Blend Therapeutics scores $21 mln

Watertown, Mass.-based Blend Therapeutics, a biopharmaceutical firm focused on treating cancer, has raised $21 million in funding. Blend’s investors include New Enterprise Associates, Flagship Ventures, NanoDimension and Eminent Venture Capital.

Interleukin Genetics snags $10 mln

Interleukin Genetics has closed a $5 million private placement. The investors included New Enterprise Associates and Bay City Capital. According to terms of the agreement, Interleukin has agreed to sell over 50 million shares of its common stock at $0.1003 per share. BTIG was the placement agent for the transaction. Also, Horizon Technology Finance Corp. has agreed to provide a $5 million loan to Interleukin. Headquartered in Waltham, Mass., Interleukin Genetics is a maker of proprietary genetic tests for chronic diseases and health related conditions.

358 Views

Data company Mattermark raises $6.5 mln, Feld joins board

Mattermark, which provides a data platform used by investors to track private companies, has raised a $6.5 million Series A round that was led by Foundry Group. The San Francisco-based company was founded in 2013 and has now raised $11.3 million in total funding. Participating in the Series A was many of the company’s seed-stage investors, including 500 Startups, Andreessen Horowitz, Data Collective, Sherpa Ventures, Felicis Ventures, New Enterprise Associates, Version One Ventures and many individuals, including Jeff Lawson, Carter Rabasa, Damien Tanner, Daniel Clark, Eileen Burbidge, Elliot Loh, Enrico Pandian, Eric Ries, Ullas Naik and others. As part of the Series A round, Brad Feld, managing director of Foundry, has joined the Mattermark board.

144 Views

Mike Cahill rejoins VC-backed Boku as CTO

Boku has hired Mike Cahill as chief technology officer. Previously, Cahill worked at American Express where he was vice president of mobile engineering. And, prior to that, Cahill was Boku’s vice president of engineering. Based in San Francisco, Boku is a carrier billing-based mobile payment company. It is backed by Andreessen Horowitz, Benchmark Capital, DAG Ventures, Index Ventures, Khosla Ventures and New Enterprise Associates.

NEA leads Series B1 round for Nginx

Nginx, a San Francisco-based open source web server developer, has closed $20 million in Series B1 round funding. New Enterprise Associates led the round with participation from other investors that included e.ventures, Runa Capital, Index Ventures and Nginx CEO Gus Robertson.

NEA provides $5 mln to RezNext

RezNext Global Solutions has received $5 million in funding from New Enterprise Associates. Based in Bangalore, India, RezNext is a provider of real-time distribution technology for hotels.

165 Views

NEA, Foundry Group, Madrona seed $3.25 mln in Spare5

New Enterprise Associates, the Foundry Group, Madrona Venture Group and prominent angel investors provided $3.25 million in seed funding to Spare5, a mobile application that pays people to provide expert insight in their spare time. Spare5 is the first company to spin out of startup studio Madrona Venture Labs. Madrona Venture Group’s Greg Gottesman and Foundry’s Brad Feld will join Spare5’s board of directors.

132 Views

NEA leads seed round for India stationery site Inksedge

Inksedge, a Silicon Valley and India-based online site that sells personalized designer stationery, has raised $1.5 million in seed funding. New Enterprise Associates led the round with participation from other investors that included Pinnacle Ventures and Milliways Ventures.

213 Views

Xfund Fund II raises $100 mln

Xfund said Thursday its second fund closed with $100 million in committed capital. Existing limited partners New Enterprise Associates (NEA), Breyer Capital, and Accel Partners anchored the fund and were joined by long-term institutional LPs. Patrick Chung, most recently a partner at NEA, has also joined Xfund as a GP. Founded at Harvard University in 2011 by a partnership of NEA, Breyer Capital, Accel Partners and Polaris Partners, Xfund is an early-stage venture capital firm.

197 Views

VC-backed GuideSpark appoints VP of corp. development and strategy

Menlo Park, Calif.-based GuideSpark, a provider of employee communications and engagement solutions, has hired Will Johnson as vice president of corporate development and strategy. Previously, Johnson headed corporate development and software alliances at Workday. He is also a former partner with In-Q-Tel, the venture firm associated with the CIA. GuideSpark is backed by New Enterprise Associates, Storm Ventures and IDG Ventures.

170 Views

Online workplace Elance-oDesk grabs $30 mln

Mountain View, Calif.-based online workplace Elance-oDesk has received $30 million in funding. Benchmark led the round with participation from other investors that included T. Rowe Price, FirstMark, Sigma West, NEA and the Stripes Group.

181 Views

FiscalNote collects $7 mln Series A

FiscalNote, a Washington, D.C.-based legislative and regulatory analytics firm, has closed $7 million in Series A funding. Visionnaire Ventures, a joint fund between Taizo Son and Temasek, led the round with participation from other investors that included AME Cloud Ventures, NEA, Green Visor Capital and Winklevoss Capital.

106 Views

VC-backed Philo appoints new CEO

Next-generation TV platform Philo has hired Andrew McCollum as CEO. Previously, McCollum was an entrepreneur-in-residence at New Enterprise Associates and Flybridge Partners, both of which back Philo. The firm’s other investors include Xfund, Felicis Ventures, Rho Ventures and TriplePoint Capital.

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